Question: 2. Suppose we consider a simple economy as being based on three industries: industry 1, industry 2 and industry 3. Suppose the table below summarizes

2. Suppose we consider a simple economy as being based on

2. Suppose we consider a simple economy as being based on three industries: industry 1, industry 2 and industry 3. Suppose the table below summarizes the units of inputs required to produce one unit of each product. Furthermore, it is assumed that the economy wishes to have a surplus of 50 units of industry 1 products, 80 units of industry 2 goods, and 25 units of industry 3. Outputs Industry 2 0.2 Inputs Industry 1 Industry 2 Industry 3 Find the total output of each industry Industry 1 0.3 0.5 0.6 Industry 3 0.4 0.2 0.5 0.1 0.4

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